Hardide Shares Rise on Airbus Supplier Approval
29 March 2017 - 6:46PM
Dow Jones News
By Tapan Panchal
LONDON--Shares of Hardide PLC (HDD.LN) rose early Wednesday,
after the surface coatings manufacturer said it has secured
approved supplier status from Airbus Group SE (AIR.FR) for coating
of flying components.
At 0710 GMT, Hardide shares were trading 14% higher at 1 pence
each, one of the top gainers on the FTSE AIM Index.
Hardide said it is already in talks with several Airbus sites
about coating of specific components. The company, however, doesn't
anticipate any material changes to its revenue forecasts for the
current financial year on the back of the Airbus supplier
approval.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
March 29, 2017 03:31 ET (07:31 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Hardide (LSE:HDD)
Historical Stock Chart
From Apr 2024 to May 2024
Hardide (LSE:HDD)
Historical Stock Chart
From May 2023 to May 2024